Post-open Review… Not snapping back.

Extended pre-open rally hasn’t been reversed.

This morning’s 2662.50 bias-up target seemed generous compared to its 2652.25 bias-up signal. And it was already being tested by a couple of points during the Market Tour recording. Renewing the bias-up signal would next target an equally generous renewed target at 2672.00-2675.00.

Which another pre-open surge already probed up to 2678.00.

The most bearish resolution would still allow this morning to back-and-fill, potentially down to 2652.25, still avoiding yesterday’s range by 2-3 points. Keeping optimism excessive is very important at this stage of the nascent reversal attempt. Backing-and-filling has been limited testing the 2662.50 bias-up target as support. So far.

Resuming the rally at any time would next target 2681.00 and then 2686.00. Despite not yet resuming the rally post-open, also not yet rejecting it allows its resumption at any time — triggered and/or confirmed above the 2675.00 renewed bias-up target.